Yes I agree. Actually if you saw another post I had a while back, I predicted the run to start either Friday or Monday but I was corrected because I forgot Monday was a holiday so Tuesday. This is what so many new traders are not willing to do is real research. If you research OTC companies that got news kinda like this they all do about the same thing. The have a couple hard run days at first then pull back and flounder around for a few days then typically run close to the 8th trading day after the big news. The reason a lot of traders do not know this is because they would rather spend time complaining instead of becoming educated. Does every single one do the exact same thing, no but almost all do. I will add a little more to this. 1st The MM`s got caught with their shorts down, literally. They will cover if any way possible before letting this go. 2nd the large shorting groups know a lot of new gullible people jumped in just on the hype and can be easily scared out so they short attack. 3rd there are large buying groups, not large in numbers but large in capital that put up large selling (ask) walls knowing there will be profit takers and flippers that will undercut their wall so they can sell and at the same time they have their wall they are also buying those shares from the people who undercut their ask. The reason they work in groups is to keep from getting into legal issues. The one with the wall will not be the one buying at that moment. How much is any one of these taking place at any one given time is hard to say but they all have an effect. The good news is at some point all these people will want this to run also. Just watch when this does start to run how many big names start to appear pumping the crap out of this. They are very smart traders. Ask yourself why did they just now jump in, surly they had heard about this before. 4th many of the people who bid sit non stop are the same ones blown away this is not moving, hmmm. There is no substitute for knowledge and research. Again I don`t know how much any one of these is affecting this stock right now but these are the reasons it is not moving yet.
